Luxoft Vietnam
Striving to expand its global delivery capabilities, Luxoft became the first Eastern European software service provider to establish a development facility in Vietnam. With delivery locations across EMEA, North America, Central and Eastern Europe, the addition of the Vietnam development facility further enhances Luxoft’s ability to provide worldwide clientele with the optimal mix of nearshore, offshore and onsite delivery models.
The Vietnam delivery center is ideally positioned for clients looking to diversify their sourcing geography portfolio while reducing their outsourcing costs. Working with both ISV and enterprise customers, Luxoft Vietnam offers a comprehensive set of application and product development services. And of course, the Vietnam location exemplifies Luxoft's culture of innovation, rock- solid execution and engineering excellence.
Luxoft Vietnam Benefits
- Skilled labor force
- Low attrition - below 5%
- Competitive cost structure (compared to India or China)
- Scalability
- High English proficiency
About Vietnam
Growing economy
Talent pool
- $20.3billion FDI in 2007
- $31.6billion registered in 1st half of 2008
- GDP growth rate: 8.5% (2007)
Quality workforce
- High literacy rate (95%)
- Strong education system geared toward mathematics
- Multilingual skills
Strong ties with Russia
- Young, highly motivated population (62% under the age of 35)
- Strong work ethic
- Lowest attrition in the region (5-7%)
Vietnam's Ho Chi Minh City is ranked as the top non-Indian city in NeoIT’s (a leading global sourcing advisory firm) 2006 review of the most competitive cities for outsourcing, based on the available labor pool and infrastructure.